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Audusd-chart

AUDUSD > Long PossibilityAUDUSD > Area of interest > 0.77462 - 0.77542 Oanda 10/13/17 closing price @ 0.78860 w/ increase @ 0.88% Pullback to S2 / S3 levels is required for set-up to remain valid. Buy Stop Entry will be placed with further confirmation and if analysis rules/strategies are met. Potential Targets: T/P 1 @ 0.78676 T/P 2 @ 0.78894 T/P 3 @ 0.79987 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Long
by ALSM59
AUDUSD Weekly Trade AnalysisAUDUSD > 10/15-20/17 Trade Analysis Timeframe: 1W Accomplished firm break and hold above key resistance level 0.78200 and closed above key barrier @ 0.78740 signaling trend reversal with further strength in Bullish trend. Holding above key barrier possible signal further rise to 0.79170 level with break above pushing further to 0.79290 - 0.79370 levels. Very strong resistance located at 0.80000 level. See only a firm break and hold back below 0.78200 possible bring bearish trend back into play to lead first to 0.7730/27 levels with continuance to lower levels, but in longer term. High volatily expected as I believe we are in the "wacky" season where up is down and down is up! * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
AUD/USD falling inside minor impulse wave 3AUD/USD falling inside minor impulse wave 3 Next sell targets – 0.7300 and 0.7260 AUD/USD has been falling sharply in the last few trading sessions inside the minor impulse wave 3, which started earlier – when the pair reversed down from the resistance zone lying between the resistance level 0.7500 (previous buy target which also recently reversed the a-wave of the earlier ABC correction 2), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp downward impulse wave 1 from the start of November. AUD/USD is expected to fall further to the next sell target at the key support level 0.7300 (low of the previous minor impulse wave 1) – the breakout of which can lead to further losses toward 0.7260.
Short
by harinsara
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